SVE TB MC Qu. 07-117 (Algo) Jax Recording Studio purchased... Jax Recording Studio purchased $7,000 in electronic components from Music World. Jax signed a 150-day, 6% promissory note for $7,000. Music World's journal entry to record the sales transaction is: Multiple Choice Debit Accounts Receivable $7175, credit Sales $7175 Debit Notes Receivable $7,175, credit Sales $2175 Debit Notes Receivable $7000, debit Interest Receivable $175; credit Sales $7.175 al_browser=0&launchUrl=https%253A%252F%252Fnew- Saved Debit Accounts Receivable $7,175; credit Sales $7,175 Debit Notes Receivable $7,175; credit Sales $7,175 Debit Notes Receivable $7,000; debit Interest Receivable $175; credit Sales $7175 Debit Notes Receivable $7,000; credit Sales $7,000 Debit Accounts Receivable $7,000; credit Sales $7,000